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using both Lifo and fifo calculate the cost of goods sold and the ending inventory for both 1) use perpetual and LIFO explain the process

using both Lifo and fifo calculate the cost of goods sold and the ending inventory for both
1) use perpetual and LIFO
explain the process through a chart
*cost of goods sold *ending inventory
image text in transcribed
2 ) use periodic and FIFO
explain the process through a chart
* cost of goods sood *ending inventory
image text in transcribed
Date Descriptlon Units Purchased at Cost Units Sold at Retall June 1 Beginning Inventory 150 units (i) $10=$1,500 9 Purchase 1 200 units (ii) $12=$2,400 14 Sale 1 300 units (ii) $25 22 Purchase 2 250 units 29 Sale 2 225 units @$2.5 \begin{tabular}{rllr} Date & \multicolumn{1}{c}{ Description } & Units Purchased at Cost & Units Sold at Retall \\ \hline June 1 & Beginning Inventory & 150 units @ $10=$1,500 & \\ 9 & Purchase 1 & 200 units @ $12=$2,400 & \\ 14 & Sale 1 & & 300 units @ $25 \\ 22 & Purchase 2 & 250 units @ $19=$4,750 & \\ 29 & Sale 2 & & 225 units @ $25 \end{tabular}

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